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SHORT STAY 1 BEDROOD APARTMENT WITH HUGE RETURNS!
- PERFECT AIRBNB OPTION, SELF-MANAGE OR ENGAGE A MANAGEMENT FIRM
- CURRENTLY BEING PRIVATELY MANAGED
- LOCKBOX AVAILABLE OUTSIDE FRONT ENTRANCE FOR EASY CHECK-IN
- GROSS EARNINGS OF $52,430 FOR THE 2022-2023 FIN YEAR
- 9.1% NET RETURN!!
- VERY HIGH AVERAGE OCCUPANCY
- BEING SOLD FULLY FURNISHED & EQUIPPED
- HIGH UP ON LEVEL 7, CORNER DESIGN
- VIEWING ESSENTIAL
- CONTACT BRAD FOR PRIVATE APPOINTMENT – 0429 636 536
Presenting a wonderful opportunity for astute investors who want to add a fantastic property to their thriving portfolio. The Neo Apartments offer great returns and are ideally located in the Perth CBD, on the edge of the bustling business district and only minutes to the Murray & Hay Street malls.
This beautifully presented one bedroom apartment is located on the 7th floor and comes ready to go fully furnished and equipped for the new owner. Maximise your investment to its full potential with the flexibility to manage the property any way you wish. There are a range of short stay management companies already in the building which you can engage to simply set and forget this investment and let the income generation be handled for you.
The complex is positioned on the edge of Perth’s bustling business district offering guests direct access to Perth’s best shopping, restaurants, and bars. This is a fantastic investment opportunity for those looking to break into the market at an affordable price.
Features:
• 1 Bedroom, 1 bathroom apartment (With current sofa bed it sleeps up to 4)
• 44 sqm’s of internal living
• 7 sqm balcony
• Level 7
• East facing orientation
• Split System Air-Conditioning
• Fully furnished and equipped
• Fantastic inner-city location
• Close to public transport
• Restaurant and bar in the lobby of the complex
• Close to St Georges Terrace & Hay Street bus routes
• Short walk to the Murray Street Shopping Mall
• Approx. 120m to Bus Stop (Free CAT Route)
• Approx. 260m to Mercedes College
• Approx. 350m to Royal Perth Hospital
• Approx. 900m to Langley Park
• Approx. 1.0km to Elizabeth Quay
• Approx. 1.1km to Perth Underground Train Station
• Approx. 1.9km to RAC Arena
• Approx. 2.6km to Optus Stadium
For further information, please contact Brad Triplett on 0429 636 536.
Strata Admin: $1,255.50 p/q approx.
Strata Reserve: $278.78 p/q approx.
Strata Total: $1,534.28 p/q approx.
Water Rates: $1,522.71 p/a approx.
Shire Rates: $ 1,272.65 p/a approx.
Property snapshot by reiwa.com
This property at 708/12 Victoria Ave, Perth is a one bedroom, one bathroom apartment sold by Brad Triplett at Arena Real Estate Agents on 20 Sep 2023.
Looking to buy a similar property in the area? View other one bedroom properties for sale in Perth or see other recently sold properties in Perth.
Nearby schools
Perth overview
Perth is the bustling, exciting capital of Western Australia and the location of the Central Business District. With attractions such as Elizabeth Quay and the Bell Tower, the city basks in the stunning surrounds of the Swan River. Young, hip and evolving at a rapid pace, Perth is firmly establishing itself as a world-class city centre.
Life in Perth
With major developments underway in Perth to elevate the city’s cultural panache, Perth is experiencing a cultural awakening. Laneway bars and rooftop venues are in abundance, as well as a broad range of restaurants to satisfy any palate. Transport in and out of the city is convenient with the Perth Train Station and Bus Station as well as free CAT bus services. Carillion City, Forrest Chase and the Hay Street and Murray Street malls (to name a few) will appeal to retail addicts.
Perth quick stats
High end
$1.5m
Median
$1.3m
Low end
$1.1m
34.6 %
Annual growth
$1.3m
Annual median sales price
$750pw
Annual median rental price
